Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria is full-time member of Three Seas Investment Fund

Photo: library

The Bulgarian Development Bank has officially joined the Investment Fund of the Three Seas Initiative and is already a Class A shareholder with a contribution of EUR 20 million. The fund is expected to raise 5 billion euros and will increase funding for investments and co-operation between countries in the Black, Adriatic and Baltic Seas.

The countries of the initiative represent 22% of the population in the EU, create 10% of the EU GDP and have economic growth above the community average. But trade between them is still limited and needs improved infrastructure in transport, energy and information technology, BGNES has reported. Bulgaria has already accepted the presidency of the initiative in 2021.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Hot and sunny Sunday with a gentle breeze

Overnight it will be clear and almost calm . Sunday will be sunny. Daytime temperatures will rise, with highs mostly between 31°C and 36°C, around 32°C in Sofia. It will be sunny over the mountains. There will be light winds from the east,..

published on 7/27/24 7:05 PM

Romania takes measures to reduce waiting times at the Friendship Bridge between Giurgiu and Ruse

The Romanian Border Police has ordered measures to ensure operational control and reduce waiting times at the border with Bulgaria at Giurgiu-Ruse , where heavy traffic is expected over the weekend, BTA reported, citing the Agerpres agency.  An..

published on 7/27/24 4:41 PM
Sofia mayor Vasil Terziev.

Mayor of Sofia aims to make capital a net zero carbon city by 2020

One of our ambitious goals is to make Sofia a net zero carbon city by 2030. This was announced by the Mayor of Sofia, Vasil Terziev, at the opening of the 61st session of the Intergovernmental Panel on Climate Change (IPCC). Bulgaria's capital city..

published on 7/27/24 1:22 PM